BlockDAG's 25% Referral Reward System Attracts 200,000 Holders Ahead of Global Launch Hedera Surges 17% to $0.2498 on 200% Trading Volume Spike Algorand Whale Activity and Liquidity Shifts Shape Market Outlook

BlockDAG, a Layer 1 ecosystem, has seen significant growth through its 25% referral reward system, attracting over 200,000 holders. This strategy has been pivotal in building a strong community ahead of its GLOBAL LAUNCH, which is set to release at $0.0016 until August 11. The project has raised $342 million and sold 24 billion coins, with projections indicating a potential future value of $10. The referral program incentivizes both ambassadors and buyers, with users receiving 25% of the transaction in BDAG when someone uses their referral link to purchase coins, and new buyers receiving a 5% bonus.

Meanwhile, Hedera (HBAR) has experienced a 17% price surge, reaching $0.2498 within 24 hours. This surge was accompanied by a more than 200% increase in trading volume to $2.12 billion and a market capitalization climb to $10.47 billion. Technical indicators remain strong, with a MACD crossover and a Chaikin Money Flow reading of 0.19 highlighting continued buyer interest. However, the Relative Strength Index (RSI) currently sits at 80.53, signaling overbought conditions that may prompt a short-term correction. Resistance levels at $0.2504 and $0.2511 are now in play, while support near $0.2492 will be critical to watch if momentum stalls.

Algorand (ALGO) is also gaining attention as liquidity shifts and whale movements begin to shape the outlook. Analysts are watching closely to see whether these trends translate into sustained price movement in the days ahead. Key resistance levels and cumulative volume patterns are being closely tracked to gauge strength behind any potential breakout. If institutional interest holds and avoids early exits, ALGO could benefit from spillover momentum. For now, market watchers remain alert for sustained signals before making directional calls.

In summary, BlockDAG's referral reward system has fueled its presale, attracting a large community and significant investment. Hedera's bullish momentum may continue, though overbought indicators suggest a pause could come before the next push. Algorand remains in a watch-and-wait phase, with whale activity and liquidity shifts likely to determine its next direction. BlockDAG's momentum-driven project is drawing serious attention, with the entry window still open but not for much longer.